Investing.com - Aflac (NYSE:AFL) reported third quarter earnings that beat analysts' expectations on Thursday and revenue that was inline with forecasts.
The firm reported earnings per share of $1.16 on revenue of $5.54B. Analysts polled by Investing.com expected EPS of $1.07 on revenue of $5.54B. That compared to EPS of $1.03 on revenue of $5.58B in the same period a year earlier. The company had reported EPS of $1.14 on revenue of $5.51B in the previous quarter.
Aflac shares gained 0.08% to trade at $52.60 in after-hours trade following the report.
For the year, Aflac shares are up 15.36%, under-performing the S&P 500 which is up 21.53% year to date.
Aflac follows other major Financial sector earnings this month
On Tuesday, October 15, 2019, JPMorgan reported third quarter EPS of $2.68 on revenue of $30.06B, compared to forecasts of EPS of $2.45 on revenue of $28.47B.
Bank of America earnings beat analyst's expectations on Wednesday, October 16, 2019, with third quarter EPS of $0.56 on revenue of $22.8B. Investing.com analysts expected EPS of $0.54 on revenue of $22.58B
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